Introduction Is One Person Company Eligible for Startup India? : The Startup India initiative, launched by the Government of India, aims to support entrepreneurs, encourage innovation, and boost job creation by providing various benefits such as tax exemptions, easier compliance, and funding support. However, many aspiring business owners wonder if a One Person Company (OPC)… Read More »
Introduction Benefits of One Person Company : The concept of One Person Company (OPC) was introduced in the Companies Act, 2013, to enable solo entrepreneurs to establish a business with the benefits of a corporate structure. This business model provides numerous advantages, including limited liability, better legal recognition, and ease of compliance, making it an… Read More »
Introduction OPC Registration Process in India : The concept of One Person Company (OPC) was introduced in the Companies Act, 2013, to enable single entrepreneurs to establish a company with limited liability. This structure is ideal for individuals who wish to operate a business without involving partners but still want the benefits of a corporate… Read More »
Introduction LLP vs Private Limited : When starting a business in India, one of the crucial decisions entrepreneurs face is choosing the right business structure. Two of the most popular options are Limited Liability Partnership (LLP) and Private Limited Company (Pvt Ltd). Both structures have distinct advantages and limitations, making them suitable for different types… Read More »
Can an OPC Issue Shares? “: One Person Company (OPC) is a unique form of business structure introduced under the Companies Act, 2013, to support solo entrepreneurs who want the benefits of a private limited company while maintaining control over their business. However, OPCs come with certain legal and structural limitations, particularly in terms of… Read More »
Introduction Pros and Cons of One Person Company: The One Person Company (OPC) is a relatively new business structure introduced in India under the Companies Act, 2013. It was designed to provide a legal identity to small business owners and entrepreneurs who wish to operate a company with limited liability without requiring multiple shareholders or… Read More »
Private Limited Company Winding Up Procedure : A Private Limited Company (Pvt Ltd) is one of the most preferred business structures in India due to its limited liability, separate legal entity status, and ease of raising capital. However, there are instances where businesses may need to close operations due to financial constraints, lack of profitability,… Read More »
Can OPC Issue Shares? In India, a One Person Company (OPC), as per the Companies Act, 2013, cannot issue shares to the public. The OPC structure was introduced to help solo entrepreneurs set up businesses with limited liability without the need for multiple shareholders. Since an OPC can have only one shareholder, it cannot raise… Read More »
Private Limited Company No, a private limited company cannot be a proprietor. The term “proprietor” typically refers to an individual who owns and operates a business as a sole proprietorship. On the other hand, a Pvt Ltd Co. is a distinct legal entity separate from its owners. It is formed by incorporating under the… Read More »
Register as Pvt LTD company in India Register as Pvt Ltd company in india, Obtain a Digital Signature Certificate (DSC): In order to initiate the registration process, it is necessary for the proposed directors of the company to obtain a Digital Signature Certificate. This certificate serves as a secure electronic identification for the directors,… Read More »
